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Analyst: Asset Sale Home Run For Chesapeake Energy
Wednesday, December 24, 2014 - 3:12pm | 256Chesapeake Energy Corp.'s (NYSE: CHK) sale of assets earlier this week for $4.975 billion was "an absolute home run" that will help improve 2015 results, an analyst said Wednesday. The Oklahoma City-based oil and gas company, off more than 26 percent year to date, changed hands...
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UPDATE: Wunderlich Initiates Coverage On Earthstone Energy, Shares Surge 14%
Monday, December 22, 2014 - 4:16pm | 315Wunderlich initiated coverage on Earthstone Energy Inc (NYSE: ESTE) Monday with a Buy rating and $24 price target. Analyst Jason A Wangler noted that the “main asset for ESTE is its operated Eagle Ford position in the core of the oily Eagle Ford. Currently the company has over 23,000 net...
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Another Wave Of Downgrades For Oil Stocks
Wednesday, December 17, 2014 - 9:01am | 440Wunderlich Securities recently released a report detailing their 2015 outlook for the onshore oilfield services industry. It might come as little surprise that analysts’ projections for the sector are grim. Massive Spending Cuts Analysts expect a huge reduction in CapEx by many oil...
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Wunderlich Cuts Crude Oil Price Targets, But Remain Bullish On These 5 Energy Stocks
Wednesday, December 17, 2014 - 8:49am | 368Wunderlich Securities recently released a report in which analysts drastically cut their outlook for crude oil prices. In the report, analysts explain how they see the oilfield services sector adapting to the new low-price environment. The report also includes several names on which Wunderlich...
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Wunderlich Downgrades Oil Players, Sees 500 Rigs Idling Soon
Tuesday, December 16, 2014 - 10:06am | 420Wunderlich analysts Irene Haas and Jason Wangler downgraded and cut price targets on numerous oil companies Tuesday amid a bearish outlook. “While the impact of WTI oil moving from basically $100/bbl to $60/bbl in just a few months hasn't been felt just yet, rest assured the pain is...
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Wunderlich: Following OPEC Decision, 'We Enter The Brave New World'
Friday, November 28, 2014 - 9:30am | 260Following Thursday's OPEC meeting in which the oil producing nations agreed to maintain its 30 million barrel per day output level, Jason Wangler of Wunderlich Securities stated that we are now entering "the brave new world." "While one may argue this was a non-event, we would argue saying (or...
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UPDATE: Wunderlich Securities Maintains On Dawson Geophysical On Significant Discount To Calculated Price Target
Tuesday, November 19, 2013 - 9:08am | 160In a report published Tuesday, Wunderlich Securities analyst Jason Wangler maintained a Buy rating on Dawson Geophysical Company (NASDAQ: DWSN) and maintained a price target of $40.00. In the report, Wunderlich Securities says "Dawson Geophysical (DWSN) reported a tough F4Q13 as a -$0.35 loss per...
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Wunderlich Initiates Coverage of Northern Oil & Gas (NOG)
Tuesday, June 22, 2010 - 10:33am | 112Wunderlich Securities analysts Neal Dingmann and Jason Wangler have initiated coverage of Northern Oil & Gas (NYSE: NOG). Northern Oil & Gas is involved in the exploration and development of oil and gas wells in the western United States. Wunderlich gave NOG a Buy rating, with a price...
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Wunderlich: Hold Steady on Oceaneering International (OII)
Wednesday, June 9, 2010 - 7:47am | 157Wunderlich Securities analysts Neal Dingmann and Jason Wangler reiterated their Hold rating for Oceaneering International, Inc (NYSE: OII). OII lowered 2010 EPS guidance after the recently announced six-month deepwater drilling moratorium. Also, the future of shallow water drilling in the Gulf of...
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Wunderlich Securities Raises Price Target For American Oil & Gas, Inc. (AEZ)
Wednesday, May 12, 2010 - 3:11pm | 80Analysts Jason Wangler and Neal Dingham at Wunderlich Securities have raised the price target for American Oil & Gas, Inc. (AMEX: AEZ) from $8 to $10. The company has announced the results of its Ron Viall 1-25H well, which had an initial product rate of 2,844 boe/d. Analysts believe the...
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Wunderlich Securities Raises Price Target For Newpark Resources, Inc. (NR)
Monday, May 3, 2010 - 9:01am | 94Analysts Neal Dingmann and Jason Wangler at Wunderlich Securities have released an update on Newpark Resources, Inc. (NYSE: NR). Analysts have raised the price target for the company from $8 to $12. Newpark reported strong first-quarter results, beating estimates. Analysts believe that acceptance...
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McMoRan Exploration (MMR) Downgraded, Shares Fall
Friday, April 30, 2010 - 10:09am | 178Wunderlich Securities analysts Neal Dingmann and Jason Wangler lowered their rating for shares of McMoRan Exploration Company (NYSE: MMR) to Hold from Buy and lowered their price target to $12 per share from $16. The analysts said that negative publicity from the offshore oil spill in the Gulf of...
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Wunderlich Securities Lowers Price Target For McMoRan Exploration Co. (MMR)
Tuesday, April 20, 2010 - 3:50pm | 83Analysts Neal Dingmann and Jason Wangler at Wunderlich Securities have lowered the price target for McMoRan Exploration Co. (NYSE: MMR) from $18 to $16. The company reported its first-quarter results on Monday, which were less-than-stellar, according to analysts. The company also lowered its 2010...
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Update From The IPAA New York Oil & Gas Investment Symposium
Tuesday, April 13, 2010 - 2:06pm | 147Analysts Neal Dingmann and Jason Wangler at Wunderlich Securities have released an update on the IPPA New York Oil & Gas Investment Symposium. According to analysts, the mood of the conference is quite positive. The key take away from the meeting is that companies and investors are looking to...
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Boots & Coots, Inc. (WEL) Maintains Buy Rating; Price Target Raised
Wednesday, March 31, 2010 - 3:37pm | 112Analysts Neal Dingmann and Jason Wangler at Wunderlich Securities have released an update on Boots & Coots, Inc. (AMEX: WEL). Analysts have maintained their Buy rating for the company. The price target for Boots & Coots, Inc. stock has been raised from $2.50 to $3.50. The new price target...